Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2020 Financial Results

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Go back to Marvell Technology Group Ltd. Reports Fourth Quarter and Fiscal Year 2020 Financial Results

Raymond James Reiterates Market Perform Rating on Marvell (MRVL)

March 5, 2020 7:25 AM EST

Raymond James analyst Chris Caso reiterated a Market Perform rating and {REMOVEPT} price target on Marvell (NASDAQ: MRVL) following the company's January quarter results. The company delivered a solid report despite the near-term impact of the virus.

Marvell reported January quarter... More

Marvell Technology (MRVL) Tops Q4 EPS by 1c, Offers Q1 Guidance

March 4, 2020 4:09 PM EST

Marvell Technology (NASDAQ: MRVL) reported Q4 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $718 million versus the consensus estimate of $712.95 million.

GUIDANCE:

Marvell Technology sees Q1 2021 EPS of $0.11-$0.17, versus the consensus of $0.13.... More